Treasury Manager Job at MAS Recruitment Consultant Services, Peoria, IL

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  • MAS Recruitment Consultant Services
  • Peoria, IL

Job Description

Job Description

Job Description

Role Summary:

The Treasury Manager role will be an important participant in a range of treasury operational and reporting

activities. The Manager will work closely with internal groups including FP&A, Revenue Cycle, A/P and Corporate

Accounting teams to better understand the core business. The incumbent will execute daily cash reporting and

forecasting, optimize and improve existing processes, enhance controls and support Liberty Steels continued

growth.

Responsibilities:

Daily management and reporting of our bank activity

Daily management of our asset-backed revolver, including determination of amount to borrow to cover the

days disbursements

Leads and executes daily updates to 6-week cash flow model and weekly updates to 18-week cash flow model,

documents forecasting methodologies, focus on continuously learning about the business to better improve

upon accuracy of cash forecast.

Assist with compilation of weekly borrowing base submissions to our lender, following up on controllable

ineligibles as appropriate

Builds, utilizes, and maintains financial models for existing and future debt facilities, working with our banking

partners and auditors to ensure we meet the requirements.

Responsible for reconciling cash, debt and interest accounts monthly which includes researching issues,

reconciling items and proposing adjustments to Corporate Accounting if needed

Coordinate with AP team to forecast cash needed for weekly AP payments.

Partners with various internal groups including FP&A and Corporate Accounting related to understanding

changes in working capital, cash flow, interest, debt, cash, and other assets and liabilities

Thought leadership using cash forecast to inform future considerations and opportunities. Surfacing

opportunities or changes to forward forecast to management when appropriate.

Assists with internal and external reporting, as well as other presentation materials related to Treasury efforts

Participates in treasury system implementations or cross functional system activities

Skills and Qualifications:

Bachelor's degree in a Business discipline - Finance, Accounting or Economics

Minimum 5-years related treasury, finance, or accounting experience

Solid knowledge of treasury/cash management, general accounting principles, and GL accounting

Solid knowledge of banking activities, banking processes, cash reporting, and reconciliations

Strong working knowledge of accounting and financial systems/processes and controls

Intellectual curiosity, success working in dynamic work environment

MS Office Proficiency - Intermediate Microsoft Excel, Word, and PowerPoint skills

Detail-oriented, ensuring data accuracy

Adapts quickly to change and makes suggestions for increasing the effectiveness of change

Strong communication skills, written and verbal

Proven ability to work under pressure, plan and meet deadlines

Self-directed and motivated individual who is a team player

Job Tags

Weekly pay,

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